Jan 13, 2021 | News to Note
From the Pinnacle CPA Advisory Group/National Society of Accountants — WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced PPP Round 2 on Friday, Jan. 8. The Paycheck Protection Program (PPP) re-opened...
Jan 6, 2021 | News to Note
From the Pinnacle CPA Advisory Group /Thomson-Reuters — Dear Clients and Friends, Here is an overview of key provisions in the extended COVID relief legislation enacted in late December that affect individuals. The legislation is the COVID-related Tax Relief Act of...
Jan 4, 2021 | News to Note
From the Pinnacle CPA Advisory Group — CORONAVIRUS ASSISTANCE CHECKLIST by Dave Krebs, CPA (Jan. 4, 2021) This checklist was prepared for our clients and friends as a quick way to identify eligible, qualified programs. Please contact us for the details. Many of the...
Dec 31, 2020 | News to Note, Newsletter
From the Pinnacle CPA Advisory Group /Thomson-Reuters — Dear Clients and Friends, You’ve probably heard that IRS will be making millions of ”economic impact payments” (also called ”recovery rebates”) in the near future to help people...
Dec 30, 2020 | News to Note
IRS Newswire. — WASHINGTON — The Internal Revenue Service recently issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2021, the...
Dec 23, 2020 | News to Note
With information from our friends at Pinnacle Wealth Planning Services, Inc. — Now that the 2020 general election is mostly over, it’s time to consider what federal tax changes Presidentelect Biden would like to see for 2021 and beyond. However, the...
